UNITED STATES OF AMERICA
Before the
COMMODITY FUTURES TRADING COMMISSION

N. T. NIXON

v.
CFTC Docket No. 96-R015

LIND-WALDOCK
ORDER
OF SUMMARY AFFIRMANCE

Our review of the record and the parties' appellate submissions
establishes that the findings and conclusions of the presiding officer
are supported by the weight of the evidence; we therefore adopt them. We
further conclude that the presiding officer committed no material error.

1.Under Sections 6(c) and 14(e) of the
Commodity Exchange Act (7 U.S.C. §§ 9 and 18(e)(1994)), a party
may appeal a reparation order of the Commission to the United States
Court of Appeals for only the circuit in which a hearing was held; if no
hearing was held, the appeal may be filed in any circuit in which the
appellee is located. The statute also states that such an appeal must be
filed within 15 days after notice of the order, and that any appeal is
not effective unless, within 30 days of the date of the Commission order,
the appealing party files with the court a bond equal to double the
amount of any reparation award.